How to find an Online Payday Lender

With all the payday loan websites out there, it can be confusing trying to pick one. Most importantly, you have to be careful about choosing a company that's reputable. As you do your search online, here are some things to look for: 1) The company should have a professional-looking website. Of course, looks can be deceiving. But if the pages look like they are poorly designed, or if they look "cheesy" and amateurish, it's best to stay away. 2)The company should offer clear and helpful information on the website. If a loan company isn't willing to make the effort to give you all the information you need, then maybe they're trying to hide something. Also, you only want to work with a company that tries to be helpful up front. That shows they're probably willing to be more helpful once you become a customer. 3)The website should answer most of your questions. Look for a button on the website that says "FAQ", which stands for Frequently Asked Questions. There you should find answers to any questions you may have. A company that isn't even willing to offer this is one that isn't very helpful. 4) If the company charges an up-front fee for processing your application, stay away! This is a sure sign of a scam. Never pay a fee just for having your application processed. The honest loan companies charge you a fee for making you the loan, not for processing your application before you even know if you're approved. 5)The website should have a Privacy Policy posted in plain view. Since the loan company collects a lot of information from you, it's important for them to tell you how they treat that information. A loan company that won't tell you this on their website shouldn't be trusted. 6) You should be able to contact the company easily. Look for a "Contact Us" button on the home page (or something with similar wording). You should be able to find an address, and be able to email the company using a form on the Contact page. 7) The application form should ask a lot of questions and be easy to use. Someone who's going to lend you their money should ask a lot about you. That's normal. But if a lender claims they can approve you for a loan with only a few questions, that's a red flag. Most likely, someone who "guarantees" you a loan will also ask you for an up-front fee to process your application, which you now know is a warning sign. 8) The company should not allow you to "roll over" the loan more than four times. Every time you extend the term of the loan — called "rolling over" or "refinancing" — you pay another fee. It's okay if you have to do this once or twice, but it can get you in a bind if you keep doing it month after month. The good companies recognize this, and they'll only let you roll over the loan a few times before making you start to pay it back.